You’ve paid for Social Security all of your working life and now it’s time to collect. Fewer baby boomers are retiring with pensions than their parents’ generation.
Without an inflation-protected stream of income from a pension, boomers will have to …
This article is the first in a series of articles detailing what I like to call the Principles of Financial Freedom During Retirement.
A long retirement is a blessing and thanks to medical advances, we …
Almost every senior makes the same mistake when the time comes to apply for Social Security. They don’t really consider having a plan for Social Security other than just applying for it when they retire. Or even worse, they apply …
Lifecycle funds started cropping up in the early 2000’s as a cheaper way to invest with professional advice. The idea is an alluring one, invest your money with a Lifecycle fund targeted to your date of retirement and you never …
Early retirement can give you the time to take that long-awaited vacation to the Italian countryside or the beaches of Hawaii. Early retirement gives you the chance to enjoy life while still fully mobile. You’ll have more time to sit …
Some people have families with long lives. Some people have families where dying from a heart attack is common. For those people, it’s easier to plan around how long they can expect to live. For the rest of us though, …
The Roth IRA is a favorite amongst the financial planning community for good reason.
Saving for retirement can be a big headache and because of all the restrictions on withdrawals it’s tough to know whether to invest in tax deferred …
Here’s a quick rundown of the most common types of retirement accounts that people ask me about. I’m only going to touch on each of these briefly and will revisit these different accounts separately in a future post.
A warning, …
Today I’m going to highlight the differences between qualified accounts that offer tax-deferred growth (meaning you pay taxes on growth later) vs non-qualified accounts that offer taxable returns. Anyway, here goes: